A 69 year old pensioner who tried to smuggle £60,000 of cash out of the country by hiding it in his underpants, was ordered to payback £380,000.
At a confiscation hearing at Canterbury Crown Court, John Anthony Maurice, a semi-retired property salesman of Barnstaple, north Devon, was ordered to pay back the money by 1 September 2011, after the Court heard he had hidden assets totalling £380,000.
The Judge called Mr Maurice “……an intelligent, sophisticated and practised liar.”
Robert Alder, Assistant Director of Criminal Investigation for HM Revenue & Customs (HMRC) said: “Confiscation proceedings show that our work doesn’t stop once someone is convicted; we then start proceedings to reclaim the profits of their crime. If Maurice doesn’t pay back the £380,000 he’s been ordered to he will have to serve a further four years in jail and will still owe the money”.
Lynam Tax Investigation Experts have a vast amount of practical experience in managing serious tax fraud investigations. If you are worried about a tax investigation we can advise you on the best course of action. If appropriate, we can help you manage any necessary disclosures. If you are facing criminal charges we can help you obtain first class legal representation, in order to obtain the optimum outcome for you, your business and your family.
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